Eye of Africa Valuation Roll Objections

JOBURG ACCOUNT QUERIES are your service providers to advise you on the Valuation Roll and objections thereto on Eye of Africa properties.
In early 2018, the Valuation Roll of the COJ will be published for each property and Sectional Title in Eye of Africa. Every property in Eye of Africa will be issued with a value and a category. This will determine the Assessment Rate debits in Eye of Africa for the next 5 years.
It is therefore important that you make sure about the correct value and category as, often, incorrect debits can not be retrospectively corrected in Eye of Africa.
It is therefore important that you request a short opinion where the following questions must be answered in Eye of Africa:
1. What is the use of the property in Eye of Africa.
2. What is the category of the property per the Valuation Roll in Eye of Africa.
3. What do you say is the value of the property as at 1 July 2017 in Eye of Africa. The following guide lines may be helpful in Eye of Africa:
3.1 What will your selling price be if you sell the property in Eye of Africa.
3.2 What were the last selling price of the property and what as the date of sale in Eye of Africa.
3.3 What were the selling prices of neighboring properties and how do they compare to your properties in Eye of Africa.
4. Commercial properties in Eye of Africa are valued on
4.1 comparative sales in Eye of Africa;
4.2 rental income, less maintenance costs, agents commission and a factor for vacancy multiplied by a return on capital factor;
4.3 development costs.
The Account Specialists of EYE OF AFRICA ACCOUNT QUERIES can assist you to advise you on your property valuation or refer you to a registered valuator.